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Technology Stocks : Network Appliance

NTAP 114.72

-0.9%

Dec 3 3:59 PM EST

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To: Uncle Frank who wrote (5400)	11/27/2000 6:12:39 PM
From: waverider	Read Replies (1) of 10934

LOL! Just learning from my experience Frank. No reason to watch one's portfolio get whacked. I've got a winner...you know which one that is...but I am not willing to do stupid things to prevent me from realizing the rewards from it. Frank, NTAP is selling at an extreme valuation. There is no debate over that. Even at QCOM's highest mania Q didn't approach such levels. And you have to admit Q has a better position in a market than NTAP. I denied all year the potential for QCOM's fall and I will not fail to learn from that. Even at $40 NTAP is no steal, but at least there is some technical support appearing there. A lot of us were saying sub $100 was a steal for QCOM, remember? It may well be looking back 5 years from now, but it would have been much more fun to buy in the 50's, eh? No need to go through the Gorilla or ltb&h stuff. We both know the drill. Hope we get through this week without too much more damage. Rick

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